Property owners look to Commercial Industrial Properties for project leasing when:
- Seeking to increase occupancy, raise rents, or feeling dissatisfied with the current level of leasing activity
- Needing to understand the right tenant mix for the project
- Concerned that their property is not getting the attention it needs and deserves
- Desiring the peace of mind that every effort is being made to proactively attract and retain tenants
- Uncertain about current market conditions
- Seeking a real estate team with the vital marketing skills, creativity, and relationships to effectively connect with end users and brokers
Our Process Overview:
- Interview client to identify current challenges and establish specific leasing objectives
- Perform a comprehensive property assessment to discover strengths and weaknesses
- Identify potential maintenance and property enhancements which may increase the property value
- Offer recommendations regarding quoted rental rates, concessions, and other leasing parameters
- Provide specific market study on competitors
- Evaluate comparable lease and sales transaction data
- Design and produce marketing brochures to accurately present to prospects
- Post listings to appropriate commercial real estate services
- Conduct structured property tours and presentations to highlight property benefits
- Generate regular comprehensive market activity reports which identify transaction origination history, active/inactive status, and other marketing efforts
- Qualify prospective tenants and ascertain needs and objectives
- Negotiate Letter of Intent terms with potential tenants
- Prepare financial analysis and review with client
- Draft lease documents in coordination with client’s legal counsel
- Coordinate and necessary improvement projects with property management, tenant, and any construction manager
- Maintain communication with property manager to facilitate seamless move-in process